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Topic: what to do, if an exchange disables trading for certain currency? - page 2. (Read 656 times)

sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?

No other way in transferring the coins to other exchanges where it can be traded or the coins can be kept back into our ether wallets. I am sure the exchanges who is about to delist a coin, will announce the customers of its delisting before hand. This will be more than enough to safeguard the coin we have in our ether wallets until the coin is listed on other exchange.
legendary
Activity: 1834
Merit: 1036
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
Move it to another exchange. that exchange may delist that coin but in another exchange it might not be delisted. Also there are times like in Bittrex they already announced that there's a coin that will be delisted but after the announcement of being delisted and the volume went up, coin was not delisted anymore.
sr. member
Activity: 616
Merit: 250
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
Usually the market deletes the trading of coins or tokens because there is a problem in the project, I suggest to withdraw in the wallet that matches your coins or tokens and wait for news in other markets
jr. member
Activity: 378
Merit: 2
40+ replies and everybody is repeating the same thing. Guys, OP got the answer in the first few replies.
Repeating the same thing over and over again just don't make any sense.

must you too comment, you dont have make a statement, the op has not locked the thread for more comments, since he has not come to complain, you read and move on
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
Nothing can be done,if they have option of withdrawing that coin then look for another listed exchange or you will lose its value once it listed from available exchanges.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
40+ replies and everybody is repeating the same thing. Guys, OP got the answer in the first few replies.
Repeating the same thing over and over again just don't make any sense.
legendary
Activity: 1204
Merit: 1028
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
there are lots of ways available in this developing Crypto market so we cannot be worried about single exchanges will start some type of trading and will not be a big problem there are lots of options available for us to make our decision to be changed.
The only solution will be for the holder to just move it to another exchange that it is being listed on, just like the way BSV was delisted from Binance recently and everyone taught that would be the end, but the price is still growing strong and trades going on in other exchanges they are being listed on.

It is really not so easy to make payment to all these exchanges for listing, so some of these coins must surely be delisted from some exchanges to cut running cost of the project, so we have to understand some of these project that are being delisted and not completely see them as a bad one, we can simply just find them on another exchange.
hero member
Activity: 1666
Merit: 502
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
If you find or there is another exchanger who is still opening the trade for that token then immediately move your token, if you can immediately sell the token before it is worthless. Because there is nothing you can do except move the token to another wallet, I've experienced this case.
member
Activity: 546
Merit: 32
I think picking up the another exchanges will helpful in this situation because it is not a small market in this developing world so we cannot be worry about much more than changes will not to do something.
legendary
Activity: 1372
Merit: 1008
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
there are lots of ways available in this developing Crypto market so we cannot be worried about single exchanges will start some type of trading and will not be a big problem there are lots of options available for us to make our decision to be changed.
Just move the coin you have to another exchange site. if you don't find it, then its your loss because you didn't sell it when you still had a chance. You have to know that many exchanges will remove/ delisted a coin if there is no movement or activity on the coin in their market
member
Activity: 1204
Merit: 38
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?
there are lots of ways available in this developing Crypto market so we cannot be worried about single exchanges will start some type of trading and will not be a big problem there are lots of options available for us to make our decision to be changed.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
Is there any other exchange? Move to there
No exchange? Move to its wallet
You can do nothing, you should have sold it otherwise before trading is disabled.
full member
Activity: 602
Merit: 103
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?

If the trading stops and your coin would be delisted, all you have to do is to withdraw it right away. It might be a shitcoin that is why it is being delisted but if it has a certain value, keep it safe and withdraw it right away.
newbie
Activity: 4
Merit: 0
Well, I think you can do nothing but quit that rubbish exchange and look for another new exchange. I suggest you can use the famous exchange, it is more safe and convenient, as I know, MXC www.mxc.com is one of the best exchanges, maybe you can have a try.
sr. member
Activity: 910
Merit: 257
There is nothing you can do, unless you can find some other exchange, possibly a decentralized one, where you can trade it. As stated on the coinexchange.io exchange website, they tried to contact the dev team and no one responded.

Quote
The Crimsoncoin (CRMSN) currency will be delisted on 27-03-2019
CrimsonCoin is being delisted. The coin appears to be abandoned. We have attempted to contact the developers but we received no response. The market will be halted on the 27th of February and the wallet will be disabled on the 27th of March.
Source: https://www.coinexchange.io/market/CRMSN/BTC

It seems it is practically a dead coin.

Unfortunately, it is the harsh truth. Once an exchange disables a coin, or for that matter declines for its registration, then, that would mean that such coin is technically dead and won't have the same capacity to be used in a transaction or be exchanged for in any platform. Actually, many coins share that fate already, and its poor users who have believed in those coins, are now left with useful pieces of coins in their wallets without any use. For myself, I have experienced this when I joined a campaign, and it turned out, that such campaign didn't register their coin on the usual trading platform because they are eyeing to register it in an up-and-coming platform that never made it through, so there it is, I have that coin up until now, but with virtually nothing to use it for.
sr. member
Activity: 1330
Merit: 326
If there is somehow a news or kind of announcement that the coin you are holding will be delisted in an exchange, you had to sell it right away to at least get back some of your invested money. But the thing is, if you didn't listened with the delisting issue, when you act upon greed and ignorance, you can not do anything about it. Just sit back and considered it as a dead coin.
hero member
Activity: 1302
Merit: 540
It serves as a huge red flag and hints at shady deals going on in that project, if I was not already an investor but was watching the currency, I would surely not be investing.
Of you already own those coins, you have an option to panic sell before the official delisting, it would go for almost nothing considering the controversy, and there's a slight possibility that the project would survive and thrive.
If there's already an issue then you need to find alternative exchange where you sell it out right away avoiding to lose more of its value, the time for you is really getting shorter so you have to decide as quickly as you can, you can use those sold amount to invest again with other coins just make sure to review more so things like this wont happen again to your investment.
member
Activity: 448
Merit: 12
It serves as a huge red flag and hints at shady deals going on in that project, if I was not already an investor but was watching the currency, I would surely not be investing.
Of you already own those coins, you have an option to panic sell before the official delisting, it would go for almost nothing considering the controversy, and there's a slight possibility that the project would survive and thrive.
Of course, it’s very bad to get into such a situation, but it seems to me that there are really more factors that can influence such actions. Perhaps problems have a project with a certain exchange and if these coins are traded on other trading platforms without problems, then in this case you need to withdraw your funds from this trading exchange very quickly. In any case, the situation is very bad and I have not yet encountered such a problem. But lately I have been observing that very often users of cryptocurrency discuss problems after delisting certain coins.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
It serves as a huge red flag and hints at shady deals going on in that project, if I was not already an investor but was watching the currency, I would surely not be investing.
Of you already own those coins, you have an option to panic sell before the official delisting, it would go for almost nothing considering the controversy, and there's a slight possibility that the project would survive and thrive.
hero member
Activity: 966
Merit: 517
i have crmsn(crimsoncoin) in coinexchange, now trading has been stopped what could i do with the coins.

it will be delisted on 27/3

what could be done?

yup, just p2p
delisting is a one-end thing unfortunately
This is a bad and pathetic condition to be honest. There has to be a way to at least get the value back. Delisting the coins is not a solution. Couple of best exchanges I know have been very much appreciated in this regard. Remember when an exchange has high demand among the crypto users, be sure that it will be the best exchange and will not de-list your coins just because of disabling trading for certain currency.
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